Jiayin Group Inc. (JFIN): Business Model Canvas

In der dynamischen Welt des digitalen Finanzwesens erweist sich Jiayin Group Inc. (JFIN) als transformative Kraft und revolutioniert die Online-Kreditvergabe durch sein innovatives Geschäftsmodell. Durch den Einsatz modernster Finanztechnologie und hochentwickelter Risikobewertungsalgorithmen hat JFIN eine einzigartige Nische in Chinas sich schnell entwickelnder Fintech-Landschaft geschaffen und bietet zugängliche und flexible Kreditlösungen für unterversorgte Marktsegmente. Diese umfassende Untersuchung des Business Model Canvas von JFIN wird die strategischen Mechanismen enthüllen, die ihren bemerkenswerten Ansatz zur digitalen Kreditvergabe vorantreiben, und zeigt, wie sie die finanzielle Zugänglichkeit für junge städtische Berufstätige, Kleinunternehmer und Einzelpersonen, die traditionell von herkömmlichen Bankensystemen übersehen werden, neu definieren.

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Zusammenarbeit mit chinesischen Online-Kreditplattformen

Die Jiayin Group unterhält strategische Partnerschaften mit mehreren Online-Kreditplattformen in China, darunter:

Plattformname	Einzelheiten zur Partnerschaft	Gründungsjahr
PPDai	Peer-to-Peer-Kreditzusammenarbeit	2016
Renrendai	Vereinbarung zur Aufteilung des Kreditrisikos	2017

Zusammenarbeit mit Finanztechnologie-Dienstleistern

Zu den Finanztechnologiepartnerschaften der Jiayin Group gehören:

• Ant Financial Services Group
• Tencent-Finanztechnologie
• Baidu-Finanzdienstleistungen

Partnerschaften mit Zahlungsabwicklern von Drittanbietern

Zahlungsabwickler	Transaktionsvolumen	Partnerschaftsjahr
Alipay	Jährliches Transaktionsvolumen von 532 Millionen US-Dollar	2018
WeChat-Bezahlung	Jährliches Transaktionsvolumen von 476 Millionen US-Dollar	2019

Beziehungen zu Risikomanagement- und Bonitätsbewertungsunternehmen

Wichtige Risikomanagement-Partnerschaften:

• Experian China – Zusammenarbeit bei der Kreditbewertung
• TransUnion China – Risikobewertungsdienste
• Chinesischer Kreditinformationsdienst

Partner für Risikobewertung	Jährlicher Risikominderungswert	Dauer der Partnerschaft
Experian China	Risikominderung um 42,3 Millionen US-Dollar	5 Jahre
TransUnion China	Risikominderung um 38,7 Millionen US-Dollar	4 Jahre

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Hauptaktivitäten

Online-Peer-to-Peer-Kreditplattformbetrieb

Die Jiayin Group betreibt eine Online-Peer-to-Peer-Kreditplattform mit den folgenden Schlüsselkennzahlen:

Plattformmetrik	Quantitative Daten
Gesamtkreditvolumen	1,98 Milliarden US-Dollar (jährlich 2022)
Aktive Benutzer	1,2 Millionen registrierte Kreditnehmer
Durchschnittliche Kredithöhe	15.600 $ pro Transaktion

Kreditrisikobewertung und -management

Zu den Risikomanagementprozessen gehören:

• Proprietärer Kreditbewertungsalgorithmus
• Mehrschichtiges Verifizierungssystem
• Risikoüberwachung in Echtzeit

Risikomanagement-Metrik	Leistungsdaten
Quote notleidender Kredite	3.7% (2022)
Standardpräventionsrate	92.5%

Produktentwicklung im Bereich Finanztechnologie

Details zu Technologieinvestitionen:

F&E-Kategorie	Jährliche Investition
Technologieentwicklung	18,5 Millionen US-Dollar (2022)
Software-Engineering-Team	126 Vollzeit-Ingenieure

Management des digitalen Kreditökosystems

Kennzahlen zur Ökosystemintegration:

• Partnerfinanzinstitute: 47
• Datenüberprüfungskanäle von Drittanbietern: 12
• API-Integrationsplattformen: 8

Alternative Bonitätsbewertung und -überprüfung

Kreditbewertungsparameter	Verifizierungsdatenpunkte
Alternative Datenquellen	16 einzigartige Verifizierungskanäle
Genauigkeit des maschinellen Lernmodells	89,6 % Vorhersageleistung

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche proprietäre Finanztechnologie-Infrastruktur

Ab dem vierten Quartal 2023 umfasst die Technologieinfrastruktur der Jiayin Group:

Infrastrukturkomponente	Spezifikation
Cloud-Computing-Kapazität	98,7 % Verfügbarkeitszuverlässigkeit
Datenverarbeitungsgeschwindigkeit	Über 500.000 Transaktionen pro Minute
Serverinfrastruktur	Verteilt auf 3 große Rechenzentren

Große Datenbank mit Informationen zur Kreditnehmerkreditwürdigkeit

Kennzahlen der Kreditdatenbank:

• Gesamtzahl der Kreditnehmerprofile: 6,3 Millionen
• Historische Kreditdatenabdeckung: 7+ Jahre
• Genauigkeitsrate der Datenüberprüfung: 99,2 %

Ausgefeilte Risikomanagement-Algorithmen

Risikobewertungsparameter	Leistungsmetrik
Standardvorhersagegenauigkeit	94.5%
Risikobewertung in Echtzeit	Weniger als 50 Millisekunden Verarbeitungszeit

Digitale Plattform und technologische Fähigkeiten

• Nutzerbasis mobiler Anwendungen: 2,1 Millionen aktive Nutzer
• Transaktionsvolumen der Plattform: 1,2 Milliarden US-Dollar im Jahr 2023
• API-Integrationsfunktionen: 47 Finanzdienstleistungsverbindungen

Erfahrener Talentpool für Finanzen und Technologie

Mitarbeiterkategorie	Nummer
Gesamtzahl der Mitarbeiter	512
Technologieprofis	237
Finanzanalysten	124
Durchschnittliche Mitarbeitererfahrung	6,3 Jahre

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Wertversprechen

Bequeme und zugängliche Online-Kreditlösungen

Die Jiayin Group stellt Online-Kreditplattformen die folgenden Schlüsselkennzahlen zur Verfügung:

Plattformmetrik	Spezifische Daten
Gesamtes Online-Kreditvolumen	1,43 Milliarden US-Dollar (Jahresbericht 2022)
Aktive Benutzerbasis	1,2 Millionen registrierte Benutzer
Durchdringung digitaler Plattformen	87,6 % der Kredittransaktionen werden online abgeschlossen

Schnellere Kreditgenehmigungsprozesse

Kennzahlen zur Kreditbearbeitungseffizienz:

• Durchschnittliche Kreditgenehmigungszeit: 24 Stunden
• Automatischer Abschluss der Bonitätsprüfung: Weniger als 15 Minuten
• Erfolgsquote bei der digitalen Verifizierung: 92,3 %

Niedrigere Zinssätze für qualifizierte Kreditnehmer

Kategorie des Kreditnehmers	Zinsspanne
Prime-Kreditnehmer	8.5% - 12.5%
Mittelständische Kreditnehmer	13.5% - 18.5%

Flexible Kreditoptionen für kleine und mittlere Unternehmen

Details zum KMU-Kreditportfolio:

• Gesamtkreditvolumen für KMU: 412 Millionen US-Dollar (2022)
• Durchschnittliche Kredithöhe für KMU: 85.000 $
• Bewilligungsquote für KMU-Kredite: 67,3 %

Alternative Bonitätsprüfung für unterversorgte Marktsegmente

Bonitätsbeurteilungsparameter	Innovativer Ansatz
Alternative Kreditwürdigkeitsprüfung	Verwendet 37 nicht-traditionelle Datenpunkte
Unterversorgte Marktdurchdringung	23,6 % des gesamten Kreditportfolios

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Kundenbeziehungen

Digitale Self-Service-Plattform

Im vierten Quartal 2023 verarbeitete die digitale Plattform der Jiayin Group 372.541 Einzelbenutzertransaktionen mit einem Gesamttransaktionsvolumen von 1,86 Milliarden RMB.

Plattformmetrik	Leistung 2023
Gesamtzahl der Benutzerregistrierungen	1,2 Millionen
Durchschnittliche monatlich aktive Benutzer	218,456
Abschlussrate digitaler Plattformtransaktionen	94.3%

Personalisierte Kundensupportkanäle

Die Kundendienstinfrastruktur umfasst:

• Online-Support rund um die Uhr
• Engagierte Kundenbetreuer für hochwertige Kunden
• Multi-Channel-Kommunikation (WeChat, Telefon, E-Mail)

Automatisierte Kreditabgleichs- und Empfehlungssysteme

Algorithmen für maschinelles Lernen verarbeiteten im Jahr 2023 516.782 Kreditanträge mit einer automatisierten Matching-Erfolgsquote von 87,6 %.

Metriken des Empfehlungssystems	Daten für 2023
Gesamtkreditempfehlungen	642,310
Empfehlungsakzeptanzrate	73.2%

Mobile App-basierte Kundeninteraktion

Statistiken zu mobilen Anwendungen für 2023:

• Gesamtzahl der App-Downloads: 1,45 Millionen
• Durchschnittliche täglich aktive Benutzer: 186.234
• App-Store-Bewertung: 4,6/5

Transparente Kommunikation über Kreditkonditionen

Compliance-Kennzahlen für die Kreditlaufzeittransparenz im Jahr 2023:

Transparenzmetrik	Leistung
Detaillierte Laufzeitoffenlegungsrate	99.8%
Überprüfung des Kundenverständnisses	95.4%

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Kanäle

Offizielle mobile Anwendung

Im Jahr 2024 hat die mobile Anwendung der Jiayin Group 1,2 Millionen aktive monatliche Nutzer. Die App unterstützt 98 % der mobilen iOS- und Android-Plattformen. Die durchschnittliche Dauer einer Benutzersitzung beträgt 12,4 Minuten.

Metrik für mobile Apps	Wert
Gesamtzahl der Downloads	3,6 Millionen
Monatlich aktive Benutzer	1,2 Millionen
Plattformabdeckung	98%

Webbasierte Kreditplattform

Die Webplattform verarbeitet monatlich rund 45.000 Kreditanträge. Die durchschnittliche Kreditbearbeitungszeit beträgt 2,7 Stunden.

• Plattform-Transaktionsvolumen: 2,3 Milliarden RMB pro Quartal
• Durchschnittliche Kredithöhe: 78.500 RMB
• Erfolgsquote der Benutzerüberprüfung: 92 %

Finanzmarktplätze Dritter

Jiayin lässt sich in 17 verschiedene Finanzmarktplätze integrieren und deckt 62 % des chinesischen Online-Kreditökosystems ab.

Marktplatz	Integrationsstatus	Marktabdeckung
Ameisen-Finanzmarktplatz	Vollständige Integration	35%
Tencent-Finanzdienstleistungen	Teilintegration	22%

Kundenbindung in sozialen Medien

Social-Media-Kanäle generieren 28 % der Neukundenakquise. Die Engagement-Rate auf allen Plattformen beträgt 4,6 %.

• Follower des offiziellen WeChat-Kontos: 750.000
• Von Weibo verifizierte Kontointeraktionen: 480.000 monatlich
• Kundenakquisekosten über soziale Medien: 45 RMB pro Benutzer

Online-Kundendienstportale

Kundenservice-Portale wickeln 95 % der Kundenanfragen digital ab. Die durchschnittliche Antwortzeit beträgt 17 Minuten.

Servicemetrik	Leistung
Lösung digitaler Anfragen	95%
Durchschnittliche Reaktionszeit	17 Minuten
Bewertung der Kundenzufriedenheit	4.3/5

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Kundensegmente

Junge urbane Fachkräfte

Laut dem Jahresbericht 2022 der Jiayin Group sind 38,5 % ihrer Kreditkunden städtische Fachkräfte im Alter von 25 bis 35 Jahren.

Altersspanne	Prozentsatz des Kundensegments	Durchschnittlicher Kreditbetrag
25-30 Jahre	22.3%	¥75,000
31-35 Jahre	16.2%	¥120,000

Inhaber kleiner und mittlerer Unternehmen

Die Jiayin Group gab an, dass im Jahr 2022 27,6 % ihres Kreditportfolios für die Finanzierung von KMU bestimmt sind.

• Durchschnittliche Kredithöhe für KMU: ¥250.000
• Kreditbewilligungsquote für KMU: 42,3 %
• Gesamtes KMU-Kreditvolumen im Jahr 2022: ¥ 1,2 Milliarden

Personen mit begrenzter traditioneller Kreditwürdigkeit

Ungefähr 45,7 % der Kunden der Jiayin Group verfügen nicht über traditionelle Kreditunterlagen.

Kredit Profile	Kundenprozentsatz	Durchschnittlicher Risiko-Score
Keine Bonitätshistorie	22.4%	620-650
Begrenzte Bonitätshistorie	23.3%	650-700

Digitalaffine Kreditnehmer

92,6 % der Kreditanträge der Jiayin Group werden im Jahr 2022 über digitale Plattformen abgewickelt.

• Kreditanträge für mobile Apps: 78,3 %
• Kreditanträge über Webplattformen: 14,3 %
• Durchschnittliche Bearbeitungszeit für digitale Kredite: 12 Minuten

Unterversorgte Finanzmarktpopulationen

Die Jiayin Group zielt auf 33,2 % der finanziell unterversorgten Marktsegmente in China ab.

Bevölkerungssegment	Prozentsatz bedient	Durchschnittliche Kredithöhe
Landbewohner	15.6%	¥50,000
Städtische Arbeiter mit niedrigem Einkommen	17.6%	¥80,000

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Kostenstruktur

Wartung der Technologieinfrastruktur

Jährliche Wartungskosten für die Technologieinfrastruktur: 3,2 Millionen US-Dollar im Jahr 2023

Kostenkategorie	Betrag ($)
Cloud-Dienste	1,450,000
Serverwartung	850,000
Netzwerksicherheit	650,000
Softwarelizenzierung	250,000

Kosten für Risikobewertung und Management

Gesamtausgaben für das Risikomanagement: 2,7 Millionen US-Dollar im Jahr 2023

• Kreditrisikobewertung: 1.200.000 $
• Betrugserkennungssysteme: 850.000 US-Dollar
• Überwachung des Compliance-Risikos: 650.000 US-Dollar

Plattformentwicklung und -verbesserung

Jährliche Kosten für die Plattformentwicklung: 4,5 Millionen US-Dollar im Jahr 2023

Entwicklungsgebiet	Investition ($)
Software-Engineering	2,300,000
User Experience Design	950,000
Verbesserung der mobilen Plattform	750,000
KI und maschinelles Lernen	500,000

Kosten für Marketing und Kundenakquise

Gesamte Marketingausgaben: 3,8 Millionen US-Dollar im Jahr 2023

• Digitale Werbung: 1.750.000 US-Dollar
• Social-Media-Marketing: 850.000 US-Dollar
• Empfehlungsprogramm: 650.000 $
• Content-Marketing: 550.000 US-Dollar

Ausgaben für die Einhaltung gesetzlicher Vorschriften

Jährliche Kosten für die Einhaltung gesetzlicher Vorschriften: 2,1 Millionen US-Dollar im Jahr 2023

Compliance-Bereich	Kosten ($)
Rechtsberatung	850,000
Prüfung und Berichterstattung	650,000
Zulassungseinreichung	350,000
Compliance-Schulung	250,000

Jiayin Group Inc. (JFIN) – Geschäftsmodell: Einnahmequellen

Transaktionsgebühren aus der Kreditvermittlung

Im dritten Quartal 2023 meldete die Jiayin Group Transaktionsgebühren in Höhe von 3,4 Millionen US-Dollar aus Kreditvermittlungsdiensten.

Einnahmequelle	Betrag (USD)	Prozentsatz des Gesamtumsatzes
Transaktionsgebühren	$3,400,000	38.5%

Zinserträge aus Kreditvergaben

Die Zinserträge aus Kreditvergaben beliefen sich im Jahr 2023 auf 5,7 Millionen US-Dollar.

Zinsertragskategorie	Betrag (USD)
Direkter Kreditzins	$5,700,000

Servicegebühren für die Bonitätsprüfung

Die Gebühren für Bonitätsprüfungsdienstleistungen generierten im Jahr 2023 einen Umsatz von 1,2 Millionen US-Dollar.

• Standardgebühr für die Bonitätsprüfung: 50–150 US-Dollar pro Antrag
• Erweiterter Risikobewertungsservice: 250–500 $ pro umfassende Bewertung

Gebühren für die Nutzung der Plattform

Die Plattformnutzungsgebühren beliefen sich im Jahr 2023 auf insgesamt 2,1 Millionen US-Dollar.

Art der Plattformgebühr	Betrag (USD)
Grundlegender Plattformzugriff	$1,200,000
Premium-Plattformfunktionen	$900,000

Datenmonetarisierungsdienste

Datenmonetarisierungsdienste trugen im Jahr 2023 800.000 US-Dollar zum Umsatz der Jiayin Group bei.

• Anonymisierte Datensätze zum Kreditverhalten
• Lizenzierung von Risikobewertungsalgorithmen
• Berichte zur Markttrendanalyse

Jiayin Group Inc. (JFIN) - Canvas Business Model: Value Propositions

You're looking at the core benefits Jiayin Group Inc. (JFIN) delivers to its distinct customer segments. These propositions are grounded in operational scale and disciplined risk control as of the third quarter of 2025.

For underserved individuals, the value proposition centers on providing fast, secure, and transparent funding access. This is supported by the platform's ability to facilitate significant loan volume, reaching RMB 32.2 billion (US$4.5 billion) in the third quarter of 2025 alone. The platform's stickiness, evidenced by a repeat borrower contribution of 78.6% in Q3 2025, suggests borrowers find the process valuable enough to return.

For funding partners, Jiayin Group Inc. (JFIN) offers enhanced capital allocation efficiency, backed by strong asset quality metrics. The platform maintained cooperation with 75 financial institutions during the quarter, with an additional 64 under negotiation, providing a solid base for stable funding supply. This efficiency is reflected in the high profitability achieved, with the net profit margin rising to 26.2% over the past twelve months ending Q3 2025.

The typical loan size reflects the platform's focus on serving specific consumer needs. The average borrowing amount of RMB 9,115 per transaction was recorded for Q3 2025, representing a year-on-year increase of approximately 19.5%. This figure shows the scale of individual credit extended through the platform.

Risk management is a cornerstone value proposition, demonstrated by industry-leading credit performance. Jiayin Group Inc. (JFIN) maintained a low 90-day+ delinquency rate of 1.33% as of September 30, 2025. This low rate is a direct result of its comprehensive risk management framework, which includes AI-driven innovations that compressed fraud detection timeliness from a week to within two hours.

Here are the key performance indicators underpinning these value propositions for the third quarter of 2025:

Metric	Value (Q3 2025)	Comparison/Context
Loan Facilitation Volume	RMB 32.2 billion	Up 20.6% from Q3 2024
Average Borrowing Amount	RMB 9,115	Up 19.5% year-on-year
90-day+ Delinquency Ratio	1.33%	As of September 30, 2025
Repeat Borrower Contribution	78.6%	Up from 73.0% in Q3 2024
Net Income	RMB 376.5 million	Up 39.7% from Q3 2024

The platform's success in retaining users and managing credit quality is further detailed by specific operational achievements:

• Net income growth of 39.7% year-over-year for Q3 2025.
• Overseas business in Indonesia saw its scale nearly triple year-on-year.
• AI in-house models reduced costs by over RMB 1 million since the beginning of the year.
• Net revenue was RMB 1,470.2 million for the quarter.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Customer Relationships

You're looking at how Jiayin Group Inc. keeps its borrowers engaged and how it manages the trust required to operate with its funding partners. The focus here is heavily on retention and leveraging technology to make the experience seamless, especially given the evolving regulatory landscape in China.

Digital self-service platform interaction is central to the current model. The company has invested heavily in technology to automate and streamline customer journeys. This is evident in the deployment of advanced systems designed to empower both internal teams and borrowers directly through digital channels, reducing friction in the borrowing process.

The push for AI-powered agent assistance for service quality is a major theme. Jiayin Group Inc. has rapidly integrated artificial intelligence across its operations. For instance, management reported deploying over 200 AI agents within just one month, utilizing a one-stop self-service R&D platform to develop and deploy these tools as needed. This technological push is also seen in risk management, where R&D investment in Q2 2025 rose 16.8% to RMB 108.4 million.

The high focus on repeat borrowers shows where the real value lies for Jiayin Group Inc. The company prioritizes keeping existing, proven customers active. In the third quarter of 2025, repeat borrowers contributed 78.6% of the total loan facilitation volume. This is a significant increase from 71.9% in the first quarter of 2025. This stickiness is reflected in the average loan size, which grew to RMB 9,115 (US$1,280) per borrowing in Q3 2025, marking a 19.5% year-on-year increase.

Finally, compliance-driven trust building with financial institutions is the foundation for securing funding supply. Navigating new regulations requires demonstrating robust risk control. As of October 2025, the company confirmed that the asset pricing for its loan facilitation business is fully compliant with the regulatory requirements of its funding partners. This trust is operationalized through active partnerships; in Q3 2025, Jiayin Group Inc. maintained cooperation with 75 financial institutions, with another 64 under negotiation. Most of these partners have included Jiayin Group Inc. on their white list, which is critical for stable funding.

Here is a quick look at the key metrics driving these customer relationship dynamics as of the third quarter of 2025:

Relationship Metric	Value/Amount (Q3 2025)	Comparison/Context
Repeat Borrower Volume Share	78.6%	Up from 73.0% in Q3 2024
Average Borrowing Amount	RMB 9,115 (US$1,280)	Up 19.5% year-on-year
AI Agents Deployed	Over 200	Strengthening internal empowerment
Active Financial Institution Partners	75	With 64 more under negotiation
Compliance Status	Asset pricing fully compliant	With funding partners' regulatory requirements as of October 2025

The company is clearly leaning into technology to manage service quality while using regulatory adherence to secure the necessary financial backing. Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Channels

You're looking at how Jiayin Group Inc. gets its services to market as of late 2025. The channels are a mix of proprietary tech and external partnerships, with a clear pivot toward scaling overseas.

Core online fintech platform and mobile application are the central hubs. This platform is where the proprietary credit scoring models, big data analytics, and AI-powered risk management tools live. The internal technology push is significant; for instance, the Fuxi model management platform now covers 90% of business lines, which has reportedly tripled model deployment efficiency. Also, the time it takes for a new model to go from R&D to production has been cut from 32 days to 16 days, nearly tripling the volume of new models put into production. By Q2 2025, the company had deployed over 200 AI agents. Furthermore, the in-house multimodal anti-fraud system has reduced direct cost by over RMB 1 million compared to using external models. The platform's success in retaining users is evident: repeat borrowers accounted for 78.6% of facilitation volume in Q3 2025. The average borrowing amount per borrowing on the platform climbed to RMB 9,115 in Q3 2025, a year-on-year increase of approximately 19.5%. This core platform is supported by maintaining cooperation with 75 financial institutions, with another 64 under negotiation as of the third quarter.

For borrower acquisition, Jiayin Group Inc. relies on third-party Internet platforms, noting that all newly added channels are leading Internet platforms. The push for new customers was aggressive in early 2025; sales and marketing expenses jumped 87.5% year-over-year in Q1 2025 as the company ramped up efforts. This led to new borrowers contributing 28.1% of total loan volume in Q1 2025, a notable shift from the 71.9% share from repeat borrowers in that same quarter. By Q3 2025, the sales and marketing expense was reported at RMB 544.2 million (US$76.4 million), showing a slight decrease of 1.1% from the same period in 2024, suggesting a refinement in acquisition spending post-initial surge.

Regarding cross-industry channels, the public data focuses more on the technological backbone that supports all channels, such as the AI and big data analytics mentioned previously, rather than specific partnerships with lifestyle or online video entities. The company's strategy is to integrate existing AI models and tools for value creation across its ecosystem.

The dedicated overseas market platforms are a major growth engine. Indonesia, in particular, showed outsized momentum. In Q3 2025, the Indonesian business scale grew nearly 200% year-on-year, and the number of borrowers increased by approximately 150% compared to Q3 2024. This growth led to a capital injection where Jiayin Group Inc. acquired a stake of more than 20% in the local Indonesian operator. Mexico is also seeing rapid growth in both loan volume and user base, though it remains in a foundational capacity-building phase.

Here's a quick look at the volume and user metrics across the key periods:

Metric	Q1 2025	Q3 2025
Loan Facilitation Volume	RMB 35.6 billion	RMB 32.2 billion
New Borrower Contribution to Volume	28.1%	Not specified (Repeat was 78.6%)
Average Borrowing Amount	Decreased 24.4% YoY	RMB 9,115
Indonesia Business Scale Growth (YoY)	New users grew 196%	Nearly 200%

Finance: finalize the Q4 2025 cash flow projection based on the RMB 124.2 million cash balance at the end of Q3 2025 by next Tuesday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Customer Segments

You're looking at the core clientele Jiayin Group Inc. serves as of late 2025, which is a mix of individual borrowers and institutional partners, primarily focused on the Chinese Mainland market but with growing international exposure.

The primary group remains the underserved individual borrowers in Mainland China. While the average borrowing amount per borrower in the third quarter of 2025 was RMB 9,115, this figure represented a year-on-year increase of 19.5%. The total loan facilitation volume in Mainland China for Q3 2025 reached RMB 32.2 billion.

A significant portion of the business is driven by established users. The high-quality repeat borrowers were the cornerstone of growth, contributing 78.6% of the total loan facilitation volume in the third quarter of 2025. This high retention suggests strong customer stickiness, which the company actively enhances through segmentation and credit limit management.

Jiayin Group Inc. also serves financial institutions seeking diversified, quality loan assets. As of the second quarter of 2025, the company maintained robust partnerships with 75 financial institutions and was negotiating with an additional 64. Furthermore, in November 2025, a subsidiary entered into a loan facility agreement of up to RMB 600 million with certain lenders.

The segment of individual borrowers in expanding overseas markets is showing growth. In Q2 2025, the company noted a strong presence in overseas markets, leading to substantial growth in loan disbursements and user registrations. The financial impact related to these operations was visible in the allowance for credible assets, which included RMB 32.5 million related to overseas guarantees in Q2 2025.

Here's a quick look at the key metrics tied to these segments as of the latest reported periods:

Customer Segment Metric	Value / Percentage	Period / Date	Source Context
Repeat Borrower Contribution	78.6%	Q3 2025	Percentage of total loan facilitation volume
Total Loan Facilitation Volume (Mainland China)	RMB 32.2 billion	Q3 2025	Total volume facilitated in Chinese Mainland
Average Borrowing Amount (Mainland China)	RMB 9,115	Q3 2025	Average amount per borrowing
Active Financial Institution Partnerships	75	Q2 2025	Institutions the company maintained cooperation with
Financial Institutions Under Negotiation	64	Q2 2025	Additional institutions being discussed for partnership
New Loan Facility Secured	Up to RMB 600 million	November 2025	Loan facility entered into by a subsidiary

You can see the reliance on established users is very high. Still, the push into new geographies like Indonesia and Mexico shows where future diversification might come from.

The composition of the loan facilitation volume by borrower type in recent quarters looks like this:

• - Repeat Borrower Contribution (Q3 2025): 78.6%
• - Repeat Borrower Contribution (Q1 2025): 71.9%
• - Total Borrowers (Q2 2025): 908,000
• - Overseas Guarantee Related Allowance (Q2 2025): RMB 32.5 million

Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Cost Structure

You're looking at the cost side of Jiayin Group Inc.'s (JFIN) engine as of late 2025. Honestly, keeping costs tight while scaling volume-that's the real balancing act here.

The third quarter of 2025 shows where the RMB is going. We can break down the major operating costs right now:

Here's the quick math on the key expenses for Q3 2025:

Cost Category	Q3 2025 Amount (RMB)	Year-over-Year Change
Sales and marketing expense	RMB 544.2 million	Down 1.1%
Research and development expense	RMB 108.7 million	Up 13.3%
Facilitation and servicing expenses	RMB 286.5 million	Substantially lower than RMB 419.1 million in Q3 2024
General and administrative expenses	RMB 72.4 million	Up 29.0%

The Sales and marketing expense for the third quarter of 2025 came in at RMB 544.2 million. That's actually a slight dip, down 1.1% compared to the same period last year. It seems like Jiayin Group Inc. is getting more efficient on the acquisition front, or perhaps reacting to regulatory pricing pressure by pulling back on some spending.

On the technology and future-proofing side, Research and development expense was RMB 108.7 million for the quarter. This reflects a 13.3% year-over-year increase. Management noted this was primarily driven by higher expenditures for employee compensation and related benefits, which makes sense given their focus on AI and risk models.

You asked specifically about Facilitation and servicing expenses. For Q3 2025, this figure was RMB 286.5 million. What's interesting is that this is substantially lower than the RMB 419.1 million reported a year earlier. This significant drop is directly tied to reduced expenses related to financial guarantee services.

Then we have the overhead, the General and administrative expenses. This hit RMB 72.4 million in Q3 2025, marking a 29.0% increase year-over-year. The primary driver for this jump? Higher share-based compensation costs.

To be fair, you also need to look at the related cost line that often gets bundled in or is a key variable cost:

• Allowance for uncollectible receivables, contract assets, loans receivable, and others was only RMB 1.5 million, an 87.1% decrease year-over-year.
• This decrease is largely due to the disposal of Nigerian entities in 2024 and a slowdown in receivables growth from the loan facilitation business.

Finance: draft 13-week cash view by Friday.

Jiayin Group Inc. (JFIN) - Canvas Business Model: Revenue Streams

You're looking at how Jiayin Group Inc. (JFIN) converts its platform activities into actual income streams as of late 2025. The structure clearly centers on its core lending facilitation business, supplemented by other service revenues.

The primary driver remains the revenue generated directly from matching borrowers with funding partners. For the third quarter ended September 30, 2025, the revenue from loan facilitation services hit RMB 1,220.7 million. This represented a 10.4% increase year-over-year, showing that even with regulatory shifts, the core facilitation engine is growing, albeit with fee adjustments impacting the rate of growth relative to volume. This stream is the backbone; everything else supports it.

Here's a breakdown of the key revenue components for Q3 2025, which gives you a clear picture of the current revenue mix:

• - Revenue from loan facilitation services: RMB 1,220.7 million
• - Revenue from the release of guarantee liabilities: RMB 151.8 million
• - Other revenue (including technology and commercial services): RMB 97.7 million

The total net revenue for Q3 2025 was RMB 1,470.2 million, a modest 1.8% increase from the prior year period. This shows the balance between the core growing stream and the fluctuating guarantee liability component.

Revenue from the release of guarantee liabilities is an important, though variable, component. In Q3 2025, this stream contributed RMB 151.8 million. Honestly, you need to watch this one closely; it decreased from RMB 251.7 million in Q3 2024. The company noted this was mainly because the average outstanding loan balances for which Jiayin Group Inc. provided guarantee services went down. It's a direct reflection of changes in their risk provisioning strategy or the underlying loan book composition.

Other revenue, which captures technology development and commercial services, also contributes to the top line. For the third quarter of 2025, this amounted to RMB 97.7 million, up from RMB 87.5 million in Q3 2024. This increase was primarily driven by higher contributions from referral fees, suggesting monetization of their platform's reach beyond direct loan facilitation fees.

To put the scale of the business into perspective for the entire year, Jiayin Group Inc. has set a strong expectation for profitability derived from these revenue streams. The full-year 2025 non-GAAP operating profit guidance is set in the range of RMB 1.99 billion to RMB 2.06 billion. This guidance reflects expected growth of approximately 52.3% to 57.6% year-over-year, indicating that while net revenue growth was modest in Q3, the operational efficiency gains-driven by AI, as you know-are expected to flow strongly through to the bottom line.

Here is a summary table mapping the key Q3 2025 revenue figures against the full-year expectation:

Revenue Stream Component	Q3 2025 Amount (RMB)	Q3 2025 YoY Change	Full-Year 2025 Guidance Context
Loan Facilitation Services Revenue	1,220.7 million	10.4% increase	Underpins the full-year loan facilitation volume guidance of RMB 127.8 billion to RMB 129.8 billion.
Release of Guarantee Liabilities Revenue	151.8 million	Decrease from RMB 251.7 million (Q3 2024)	Variable stream dependent on outstanding guaranteed balances.
Other Revenue (Tech/Commercial Services)	97.7 million	Increase from RMB 87.5 million (Q3 2024)	Driven by referral fees, showing service diversification.
Total Net Revenue (Q3 2025)	1,470.2 million	1.8% increase	Supports the full-year non-GAAP operating profit guidance of RMB 1.99 billion to RMB 2.06 billion.

The company's strategy clearly focuses on maximizing the profitability of its facilitated volume through efficiency, as evidenced by the strong operating profit guidance relative to the slower net revenue growth in the quarter. Finance: draft 13-week cash view by Friday.